"Ford Motor Company (F) – As Ford sweeps up the awards at the Detroit Motor Show investors have swept its shares to above $12 for the first time since March 2005. The acceleration in the share price comes at a time when the Chinese market officially overtook the U.S. market as the world’s largest, thanks to successful domestic stimulus at a time when American sales slumped. Still, options trading patterns reflect the risks of getting long the stock as American equity prices struggle to grind higher. Today’s investor interest using options appears to be skewed to the put side. In the February contract volume of 10,000 contracts traded at the $11 strike at a price of 32 cents while more than twice that volume went through at the $12 strike for 70 cents. In the June contract exactly 1,000 contracts were bought for an 8 cents premium at the lowly $5 strike."

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The content on this site is provided as information only and should not be taken as an investment advice. This site's content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author.

About Me

I have been trading stocks since 2008 and options since 2009. I developed an interest in stock market from my mom, who has been trading in India since 1992. I have a day job and I primarily trade for fun. My interests are technical analysis and trading options. I primarily use support and resistance levels, fibonacci retracement levels, MACD and RSI as my trading tools. To me, Elliot waves are good to explain past market movements but they are not as good in predicting future market direction.